Simatech Shipping snaps up panamax boxship from Dauelsberg Herm

Simatech Shipping snaps up panamax boxship from Dauelsberg Herm

UAE-based boxship operator Simatech Shipping has acquired 2004-built panamax containership Clivia from German owner Dauelsberg Herm.

Broking sources revealed that Simatech paid $8m for the 4,132 teu vessel.

Following the acquisition, Simatech Shipping will have a fleet of 13 containerships with an average age of 11 years.

Simatech Shipping mainly provides feeder services in the Gulf, Indian Sub-Continent, Far East and East Africa. In August, it jointly launched a new Pakistan – Gulf service with Taiwan’s Wan Hai Lines where the two companies have each provided vessel for the service.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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